Wilmington

Why you'd want to live in Wilmington

Wilmington is a vibrant city that beautifully blends historical charm with modern amenities, making it a highly desirable place to live. With a median home price of around $400,000, the housing market here offers a wide range of options, from historic homes with character to contemporary developments. The demand for real estate is robust, fueled by the city’s rich cultural scene and proximity to beautiful beaches. In Wilmington, neighborhoods such as Downtown Wilmington, Landfall, and the Brooklyn Arts District create distinct atmospheres that appeal to various lifestyles. Residents can immerse themselves in the arts, enjoy unique dining experiences, or stroll along the picturesque Riverwalk. Education is prioritized, with New Hanover County Schools providing quality education options for families. For recreation, the city is conveniently located near Wrightsville Beach, where residents can indulge in water sports, sunbathing, and beachcombing. The local economy is thriving, driven by sectors such as healthcare, education, and tourism, with a growing job market that supports a population of around 125,000. The city is also known as a film production hub, adding to its unique identity. With easy access to major highways and Wilmington International Airport nearby, commuting is convenient, making Wilmington an ideal choice for those seeking a dynamic urban lifestyle combined with the allure of coastal living.

Wilmington Market Report

$715,412

AVERAGE PRICE OF 1,666 HOMES

$2,140,276

AVERAGE PRICE OF 245 MULTI-MILLION DOLLAR HOMES

$754,372

AVERAGE PRICE OF 352 NEWLY BUILT HOMES

$1,228,961

AVERAGE PRICE OF 101 HOMES WITH A POOL

$691,224

AVERAGE PRICE OF 87 REDUCED PRICE HOMES

Average Home

Average Price $715,412
Avg Bedrooms 2.29 beds
Avg Bathrooms 2.06 baths

Average Price by Bedrooms

1 bedroom $390,534
2 bedrooms $393,751
3 bedrooms $515,937
4 bedrooms $970,211
5 bedrooms $1,245,685
Wilmington Home Price Trends
  3/2025 2/2025 1/2025 12/2024 11/2024
Total Listings 1,498 1,317 1,256 1,386 1,519
Average Price $703,860 $690,876 $694,375 $707,062 $688,311
Avg Price Change +1.88% -0.51% -1.83% +2.72% -2.09%
Median Price $464,949 $464,360 $451,492 $453,065 $459,596
Med Price Change +0.13% +2.85% -0.35% -1.44% -1.09%
Avg Bedrooms 2.2 beds 2.22 beds 2.2 beds 2.14 beds 2.16 beds
Avg Bathrooms 1.92 baths 1.92 baths 2.04 baths 1.98 baths 1.98 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
New Hanover 572 $637,521 94 days
New Hanover County Schools 6 $437,833 106 days
Total Homes Average Price Avg Days on Site
All Homes 1,666 $715,412 96 days
Multi-Million Dollar Homes 245 $2,140,276 122 days
Newly Built Homes 352 $754,372 128 days
Homes with a Pool 101 $1,228,961 53 days
Reduced Price Homes 87 $691,224 60 days
The Oceanaire Realty
308 Hwy 17 N
Holly Ridge, NC 28445
Triangle: 833-OAR-1234 | Coast: 833-OCN-AIRE

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